$LTC /USDT Bearish Set-Up đ
đ The market is showing strong bearish momentum with high selling pressure. This could be an excellent opportunity to capitalize on the current trend. đĽ
Trade Details:
đš Current Price: $126.73
đš Entry Zone: $126.50 - $127.00
đš Stop Loss: $127.64
Profit Targets (TPs) đ°
â
First TP: $124.00
â
Second TP: $120.63
Support & Resistance Levels:
đ Resistance Zone (Sell Area): 127.00 - 128.00 â Key resistance where price faced rejection.
đ Support Zones (Buy Area / Target Zones):
125.00 - 125.50 â First support where price might slow down or bounce.
120.50 - 121.00 â Stronger support, potential final target if selling pressure continues.
Trade Strategy âĄ
I recommend using low leverage (3x to 5x) to manage your risk while riding this potential wave. Always stick to your risk management plan. đ
Pro Tip đĄ
đ¸ Wait for price action confirmation before entering the trade.
đ¸ Always follow your risk management rules to protect capital.
đ¸ Stay updated with market trends to adapt accordingly.
đ Trade at your own risk. This analysis is based on my personal market reading and has a high probability of success, but nothing is guaranteed.
Happy Trading! đđ°
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